The Czech Republic's Macroeconomic and Industry Prospects, 2017–2021

Economic Prospects Appear Strong, National Focus on High Value-Added Activities

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This study explores the macroeconomic and industry outlook for the Czech Republic, with the industries covered including automotive, aerospace, and nanotechnology and materials. The Czech Republic’s gross domestic product (GDP) growth rate is expected to marginally decline over the next five years. However, the country’s growth rate can still be considered robust, with the Czech Republic continuing to register growth higher than the European Union (EU) average. Apart from robust GDP growth, a sound fiscal position, a low unemployment rate, and a positive trade balance are some of other factors driving the country’s strong economic prospects. The present national focus is on attracting more high-value adde

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The Czech Republic's Macroeconomic and Industry Prospects, 2017–2021The Czech Republic's Macroeconomic and Industry ProspectsGrowth Insight

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